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FDCTECH Inc
200 SPECTRUM DRIVE, SUITE 300
IRVINE, CA  92618  United States Ticker: FDCTFDCT
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
Business Summary
FDCTech, Inc. provides financial technology and business solutions to over the counter online brokerages (customers). The Company's business segments include Technology and Software Development, Wealth Management, and Investment and Margin Brokerage Business. Technology & Software Development segment includes technology solutions, customized software development and consulting services. Its technology includes Condor Risk Management Back Office, Condor Pro Multi-Asset Trading Platform, Condor Pricing Engine, Digital Assets Web Trader Platform, and other digital assets-related solutions. Wealth Management segment includes AD Advisory Services Pty Ltd., which provides licensing solutions for financial advisers and accountants in Australia. Investment and Margin Brokerage Business segment includes Alchemy Markets Ltd. (AML) and Alchemy Prime Limited (APL). APL provides investment advice, dealing as agent and principal, equity, commodities, spread bets, and other financial assets.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
7372 Prepackaged software
7371 Computer programming services
8742 Management consulting services
6289 Services allied with the exchange of securities or commodities
6282 Investment advice

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director MitchEaglstein 40 1/1/2018 1/1/2016
Chief Financial Officer, Company Secretary, Director ImranFiroz 51 1/1/2018 1/1/2016
Chief Technology Officer BrianPlatt 44
Independent Director Gope S.Kundnani 66 9/30/2022 9/30/2022
Non-Executive Independent Director JonathanBaumgart 40 6/15/2021 6/15/2021

Business Names
Business Name
FDCT
Forex Development Corp.
New Star Capital Trading Ltd.

General Information
Outstanding Shares: 388,584,729 (As of 2/21/2024)
Shareholders: 228
Stock Exchange: OTC
Federal Tax Id: 811265459
Fax Number: (302) 645-1280


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Monday, December 2, 2024